CommercialCOMMERCIAL999-year leaseholdDistrict 21 · Bukit Timah

Bukit Timah Shopping Centre

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2026
Quick Summary

Bukit Timah Shopping Centre is a commercial building in District 21 · Bukit Timah, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is 999-year leasehold. 276 transactions are on record since 1995, most recently in Jul 2026. 57 units are currently listed for sale or rent. ACRA records 523 live company registrations at this address.

1

What are the key facts about Bukit Timah Shopping Centre?

Key takeawayBukit Timah Shopping Centre is a commercial building in District 21 · Bukit Timah, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
999-year leasehold
District / Area
District 21 · Bukit Timah
Address
170 Upper Bukit Timah Road
Land area
6,246 sqm
Transactions on record
276 (records start 1995)
Live listings
57
ACRA registrations
523
2

About Bukit Timah Shopping Centre

Bukit Timah Shopping Centre is a commercial building in Bukit Timah (District 21). It is located along Upper Bukit Timah Road, Singapore 588179.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.

The site is 999-year leasehold, with about 856 years remaining on the lease. It occupies roughly 6,246 sqm of land with about 18,737 sqm of gross floor area.

276 transactions have been recorded here, at a median of S$1,634 psf. The most recent was in July 2026.

523 businesses are currently registered at this address with ACRA.

The nearest MRT is Beauty World MRT, 233 m away (about a 4-minute walk). The closest bus stop (Beauty World Stn Exit B) is 79 m away (about a 1-minute walk).

3

What is Bukit Timah Shopping Centre zoned as?

Key takeawayBukit Timah Shopping Centre sits on land zoned COMMERCIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Urban design area
Beauty World Ud Area
BCA-verified envelope: allowable GFA 18,738 sqm · built 29,985 sqm · headroom -11,247 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Bukit Timah Shopping Centre sold for?

Key takeawayAcross 276 recorded transactions since 1995, the median price is about S$450k, most recently in Jul 2026.
DateUsePriceAreaPSF
Jul 2026OfficeS$1.55M398 sqft$3,892
May 2026RetailS$650k237 sqft$2,745
Sept 2025OfficeS$3.52M1,927 sqft$1,829
Sept 2025RetailS$530k183 sqft$2,896
Sept 2025RetailS$1.10M366 sqft$3,006
May 2025OfficeS$700k215 sqft$3,252
Nov 2024RetailS$880k431 sqft$2,044
Oct 2024RetailS$2.82M1,163 sqft$2,426
Jul 2024OfficeS$455k151 sqft$3,019
Mar 2024OfficeS$828k183 sqft$4,525

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Upper Bukit Timah Road price?

Key takeawayAcross 47 strata sales on Upper Bukit Timah Road in the last 5 years, the median is $3,067 psf.
Strata sales on the street (5y)
47
Street median PSF (strata)
$3,067

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Bukit Timah Shopping Centre?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 21 retail

Gross yield (area)
3.7%
3.3% net of property tax
Rent side (median of bands)
$105.25 psm/mo
2026Q2
Price side (strata, 5y)
$3,204 psf
87 sales

An INDICATIVE AREA yield for District 21 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 21 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$92.04$108.65$118.23
Level 1 · 30 & Below$100.70$111.11$125.37
Level 4 & Above · 30 & Below$64.71$83.33$230.77
Level 2 & 3 · 30 & Below$75.95$86.67$106.82
Level 1 · >30 - 100$79.48$108.70$115.76
Level 2 & 3 · >30 - 100$64.95$101.85$109.05
B1 & Below · >30 - 100$82.35$117.71$125.00
Level 1 · >100 - 300$48.88$54.71$55.32

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

7

What is available at Bukit Timah Shopping Centre right now?

Key takeaway57 units are currently listed at Bukit Timah Shopping Centre33 for sale and 24 for rent. One row per unit; several agents often market the same unit.

For sale (33)

  • Bukit Timah Shopping CentreS$750k · 237 sqft
  • Bukit Timah Shopping CentreS$650k · 150 sqft
  • Bukit Timah Shopping CentreS$1.39M · 300 sqft
  • Bukit Timah Shopping Centre2 agentsS$950k · 248 sqft

For rent (24)

  • Bukit Timah Shopping Centre2 agentsS$3k/mo · 248 sqft
  • Bukit Timah Shopping Centre5 agentsS$3k/mo · 258 sqft
  • Bukit Timah Shopping CentreS$4k/mo · 398 sqft
  • Bukit Timah Shopping Centre2 agentsS$3k/mo · 400 sqft

Browse every listing at this building →

8

What is near Bukit Timah Shopping Centre?

Key takeawayThe nearest MRT/LRT is Beauty World MRT, about 233 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Beauty World Stn Exit B · 79 mNam Seng Clinic · 115 mPlace Of Worship · 115 mBeauty World MRT Exit A · 181 mHoover Park (Lor Pisang Hijau Playground) · 321 mEducational Institution · 485 mBukit Timah Community Club · 561 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Cold Storage Singapore (1983) Pte Ltd · 127 mBukit Timah Market · 291 mKap Mall · 817 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Bukit Timah Shopping Centre?

Key takeawayACRA records 523 live company registrations at this address, 135 of them in the last three years.
Live registrations
523
Registered last 3 years
135
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

10

What is Bukit Timah Shopping Centre's BCA building profile?

BCA building type
Retail
Green Mark
Gold (2014)
Energy use intensity
156 kWh/m²·yr
11

Frequently asked questions about Bukit Timah Shopping Centre

Where is Bukit Timah Shopping Centre?

Bukit Timah Shopping Centre is at 170 Upper Bukit Timah Road, Singapore 588179, in the Bukit Timah planning area.

What is Bukit Timah Shopping Centre zoned as?

Bukit Timah Shopping Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Bukit Timah Shopping Centre?

Bukit Timah Shopping Centre is 999-year leasehold. About 856 years remain on the lease.

What have units at Bukit Timah Shopping Centre sold for?

Across 276 recorded transactions, the median price is S$1,634 psf. The latest was in July 2026.

What is the nearest MRT station to Bukit Timah Shopping Centre?

Beauty World MRT is the closest, 233 m away (about a 4-minute walk).

How many businesses are registered at Bukit Timah Shopping Centre?

523 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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